Business Description

Boutique premium fitness cycling studio that has experienced tremendous success in its initial year with membership continuing to grow. The franchise is the largest indoor cycling brand and offers a variety of low-impact, high intensity workouts that are inclusive of all fitness levels. It offers an immersive, multisensory, community-focused experience in a state-of-the-art facility led by specially trained instructors enhanced with proprietary playlists and proprietary stats technology that tracks members’ specific performance metrics.

Financial Performance

Monthly Revenue of $34,000+ and Monthly EBITDA (Net) of $17,000+.

Why A Great Opportunity

*Proven Great Location, Great Facility, Great Franchise, Great Staff (over $600,000 initially invested).

*Nearby franchise unit expansion open and very attractive, along with regional growth potential as well.

*Over 400 members in initial partial year with over 500 anticipated prior to second anniversary.

*Turnkey + Owner’s role is very limited due to his full time other CFO employment position.

Reason For Selling

Owner anticipates being relocated out of the country prior to the end of 2023 by the company that he is currently full time employed by as its CFO.

Asking Price: $599,000 (Financing Sources Available)